REI Lense

REI Lense

Watertown, SD Mid-Term Rental Analysis

Analyze rental property cap rates, cash-on-cash returns, and cashflow for mid-term rental investments in Watertown, SD. Based on 15+ datapoints.

Watertown, SD Mid-Term Rental Investment Snapshot

Based on 15+ mid-term rental datapoints

Median Cap Rate

5.3%

Avg Cash on Cash

-5.9%

Median Cashflow

-$364/mo

Avg Rent Estimate

$2,923/mo

Avg Price

$455,424

Price Range

$189,100 - $950,000

Rent to Price

0.64%

low ratio

Positive Cashflow

18%

of analyzed properties

Recent real estate investor listings analysed as mid-term rental deals in Watertown, SD

Watertown, SD is an emerging mid-term rental market gaining attention from investors who want LTR-style stability with stronger furnished-rent premiums. With 15+ analyzed datapoints, early metrics suggest opportunity to enter before MTR inventory matures. Current average cash-on-cash returns sit at -5.9%.

Across 15+ analyzed properties, Watertown, SD mid-term rental investments show a median monthly cashflow of -$364 with average furnished rent estimates of $2,923/month. These figures reflect real property data, not projections.

321 5th Ave SW, Watertown, SD 57201

Price

$211,900

Rent

$2,134

CachFlow

$79

CoC

1.52

Full Analysis

308 7th St SE, Watertown, SD 57201

Price

$303,300

Rent

$2,554

CachFlow

-$151

CoC

-2.22

Full Analysis

509 3rd Ave SE, Watertown, SD 57201

Price

$269,400

Rent

$1,962

CachFlow

-$364

CoC

-5.86

Full Analysis

1333 Mayfair Dr, Watertown, SD 57201

Price

$337,300

Rent

$2,721

CachFlow

-$298

CoC

-4.03

Full Analysis

816 N Lake Dr, Watertown, SD 57201

Price

$770,700

Rent

$3,132

CachFlow

-$2,711

CoC

-18.09

Full Analysis
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Watertown, SD Mid-Term Rental Market Insights

  • Median cashflow is -$364/month — careful deal selection is essential here
  • 5.3% median cap rate reflects a balanced risk-return profile
  • At 18% positive cashflow rate, Watertown, SD requires selective property picks
  • Premium market with properties from $189,100 to $950,000
  • Early-stage market data — revisit as more properties are analyzed for stronger signals

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